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Rebirth of Bronx hailed by borough president.


At a press conference hosted by Fordham Associates, the rebirth of the Bronx in general, and 2 Fordham Square, in particular, was hailed by the Honorable Adolfo Carrion, Jr., the Bronx borough president Borough President (informally BP, or Beep in slang) is an elective office in each of the five boroughs of New York City.

The offices of borough president were created in 1898 with the formation of the City of Greater New York.
.

"There was a time, not too long ago, when you wouldn't get a retailer... a real estate investor A real estate investor is someone who actively or passively invests in real estate. An active investor may buy a property, make repairs and/or improvements to the property, and sell it later for a profit. ...to put a dime in this place," said Carrion. He went on to credit former borough president Fernando Ferrer Fernando James "Freddy" Ferrer (born April 30, 1950 in the Bronx, New York) was the Borough President of The Bronx from 1987 to 2001, and was a candidate for Mayor of New York in 2001 and the Democratic Party nominee for Mayor in 2005. , not-for-profits, and local businesse with the revival.

Giving praise to Fordham Associates, the firm responsible for the redevelopment of the site of the legendary Alexander's and more recently Caldor's, Carrion noted: "What this really represents is the best of who we are as Americans. If you engage in this economy people's lives will be better; you can create wealth for all the believers. Thank you for building hope and opportunity."

The building was acquired by Fordham Associates (a joint venture between Houlihan-Pames & J.J. Operating Corp.) in January of 2001. The building had been vacant for several years. The event celebrated the successful rebirth of the landmark destination with a classic reincarnation of the neighborhood "fun fairs."

The venue, with more than 12 booths, featured handball handball

Any of a variety games in which a small rubber ball is struck against a wall with the hand or fist. It can be played in a three- or four-walled court or against a single wall by two or four players (in singles or doubles games, respectively).
 games like box ball and "Kings and Queens," baseball card flipping, park board games, and audio-visuals from The Bronx Historical Society, Back In The Bronx, The Bronx Walk of Fame, The New York Yankees Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. , and The Yes Network. Ethnic foods courtesy of Golden Krust, and Coco-Helado, both Bronx-based companies, displayed what is popular in Bronx neighborhoods today.

Houlihan-Pames/iCapRealty Advisors, thanked lead financier, UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
 Warburg: "You can have the greatest vision, but you have nothing without the money," Jack Houlihan noted.
COPYRIGHT 2002 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Dec 11, 2002
Words:277
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